Last week, the National Credit Union Administration released the credit union system performance data for thefourth quarter of 2023. NCUA reported that the number of federally insured credit unions (FICU)…
It’s one of the most beautiful times of year. Patches of green are sprouting back up, and vibrant blossoms are signaling an end to their long winter rest. The most…
It seems like there are innumerable tough conversations to be had in the workplace—for situations like mediocre performance reviews, cancelled projects, peer feedback and so on. The five tips below…
Even as House Republicans try to restrict the Consumer Financial Protection Bureau’s power to initiate enforcement actions based on “Unfair, Deceptive or Abusive Acts or Practices (UDAAP),” CFPB officials are…
Operating a retail ATM is becoming riskier as today’s economic stress fuels a rise in cash-based crimes. Even more alarming, online forums are supplying the equipment and training needed for…
Being prepared for a continuity event involves more than just having a plan in place and distributing it to the team. Your credit union should have run periodic tabletop exercises,…
Is your team brimming with excitement, engagement, and fervor for their roles? Distractions, interruptions, and inefficient workflows can hinder even the most exceptional credit union teams. Surprisingly, we’re quick to…
A core argument made recently against the credit union tax status is “radically wrong,” America’s Credit Unions President/CEO Jim Nussle and MD|DC Credit Union Association President/CEO John Bratsakisposted on LinkedIn…
Elan Credit Card was excited to sponsor and attend the 2024 Governmental Affairs Conference (GAC) put on by the freshly formed “America’s Credit Unions,” the merger of Credit Union National…
I’m calling it now: the most successful loan officers of 2024 will be those who make the best efforts to bring back what I call “neighborly banking.” Yes, that’s pretty…
The “credit union difference” is a well-defined campaign strategy that is heard in marketing efforts of credit unions across the U.S. Key factors that contribute to that credit union difference…
ITIN (Individual Taxpayer Identification Number) lending is important to credit union members, especially for those who might not have a Social Security Number but still want access to credit and…
Goldman Sachs Group Inc.andJPMorgan Chase & Co.have been leading the charge to get employees into the office more often, but it’s their smaller industry peers who are more likely to…
Every credit union has a similar origin story: in 19XX, a group of {insert a common bond group} became frustrated with their lack of access to affordable financial services. So…
U.S. single-family homebuilding rebounded sharply in February, hitting the highest level in nearly two years, boosted by mild temperatures and a persistent shortage of previously owned houses on the market.…
The Treasury’s Community Development Financial Institutions (CDFI) Fund and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct a live webinar to assist organizations in understanding the requirements…
In the fast-paced world of lending and financial services, the accuracy and efficiency of income and employment verification are paramount. As financial institutions (FIs) navigate the evolving economic landscape, the…
The pace of developments in generative artificial intelligence has put bank and credit union managements into a three-way squeeze. On one side, they face the pressures of simple competitive reality.…
Many of the executives who lead today’s credit unions have been in the industry for decades. As such, they are full-time, passionate advocates of the people-over-profits philosophy. This is a…
Although FY24 funding levels have not yet been set, certified Community Development Financial Institutions have submitted grant requests that likely will far exceed the amount Congress is expected to provide…
In politics, surprises are rarely good news. But now, as 2024 starts to take shape, unexpected developments on a couple of key issues show potential to help credit unions advance…
Apple(AAPL.O) is in talks to build Google's Gemini artificial intelligence engine into the iPhone, Bloomberg News reported on Monday, citing people familiar with the situation. The negotiations are about licensing…
This week, America’s Credit Unions hosts three events:Marketing & Business Development Council Conferencein Las Vegas, Nev.,Internal Audit Certification School with ACUARPin Tempe, Ariz., andRegulatory Compliance Schoolin Arlington, Va. In addition,…
The Biden Administration says the U.S. Chamber of Congress, the American Bankers Association, the Consumer Bankers Association, and state business groups, sought a friendly court when they filed a lawsuit…